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# a man sells a tv set for rs. 4,800 and makes a profit of 20 %. he sells another tv at a loss of 16 %. if on the whole, he neither gains nor loses, find the selling price of the second tv set.

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### Mohammed

Guys, does anyone know the answer?

get a man sells a tv set for rs. 4,800 and makes a profit of 20 %. he sells another tv at a loss of 16 %. if on the whole, he neither gains nor loses, find the selling price of the second tv set. from screen.

Question

A

B

C

D

## Loss = Rs. 100. loss %=4%

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Correct option is C)

Selling price of two T.V. sets =4800 Rs. each

Let cost price of a T.V. sets on which he gain 20% be X Rs

and another T.V. sets on which he lost 20% be Y Rs.

Solving for T.V. sets on which he gain

We know that, Selling price=Cost price+profit

⇒4800=X+20% of X ⇒4800=X+0.2X ⇒4800=1.2X ⇒X= 1.2 4800 ​ ∴X=4000 Rs

Now, Solving for T.V. sets on which he loss

We know that, Selling price=Cost price−loss

⇒4800=Y−20% of Y ⇒4800=Y−0.2Y ⇒4800=0.8Y ⇒Y= 0.8 4800 ​ ∴Y=6000 Rs

Now, Total Cost price=X+Y=4000+6000=10000 Rs

and Total Selling price=2×4800=9600 Rs

Since Selling price

So, In whole transaction, there is a Loss of 10000−9600=400 Rs

∴Loss Percentage= Cost Price loss×100 ​ = 10000 400×100 ​ =4%

19 1

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## Questions on Profit and Loss

Know the various tips and tricks to solve the questions based on profit and loss. It will help you to improve your score in this section. The answer and explanation are given for each question.

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## Profit & Loss Practice Problems: Level 02

Learn to solve the tricky questions based on profit & loss. The answer key and explanations are given for the practice questions.

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Q.1. A dealer paid a car manufacturer Rs. 1,35,000 for a car. What should be the selling price of the car, if after allowing a buyer 10 % discount on the selling price, he made a profit of 8 % on his outlay?

A. Rs. 150,000 B. Rs. 1,60,000 C. Rs. 1,62,000 D. Rs. 1,52,500 E. Rs. 1,40,000

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Q.2. A merchant supplied a dealer with goods at a profit of 10 %. The dealer however became bankrupt and could pay only 72 p. in the rupee. How much percent did the merchant lose?

A. 20.8 % B. 15.6 % C. 25.4 % D. 16.50 % E. 17%

Q.3. A man purchases two pens for Rs. 740. He sells one at 12 % profit and the other at a 8 % loss. Then he neither gains nor loses. Find the cost price of each pen (in Rs.).

A. 324, 416 B. 296, 444 C. 288, 452 D. 365, 375 E. 272, 468

Q.4. A man sells a TV set for Rs. 4,800 and makes a profit of 20 %. He sells another TV at a loss of 16 %. If on the whole, he neither gains nor loses, find the selling price of the second TV set.

A. Rs. 3,800 B. Rs. 4,400 C. Rs. 4,200 D. Rs. 4,600 E. Rs. 3,500

Q.5. Parveen bought 80 kg of rice for Rs. 760 and sold it at a loss of as much money as he received for 15 kg rice. At which price did he sell the rice?

A. Rs. 9 / kg B. Rs. 8 / kg C. Rs. 8.5 / kg D. Rs. 10 / kg E. Rs. 10.6 / kg

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Q.6. After selling a watch, Mihir found that he had made a loss of 12 %. He also found that had he sold it for Rs. 45 more, he would have made a profit of 8 %. The actual initial loss was what percentage of the profit earned, had he sold the watch for 8 % profit?

A. 66.67 % B. 145 % C. 150 % D. 160 % E. 180%

Q.7. The profit earned when an article is sold for Rs. 1050 is 14 times the loss incurred when it is sold for Rs. 375. At what price should the article be sold if it is desired to make a profit of 20 %?

A. Rs. 410 B. Rs. 420 C. Rs. 504 D. Rs. 475 E. Rs. 495

Q8. A man sells an article at a profit of 8 per cent. If the cost price were 10 per cent less and the selling price Rs. 18 less, his profit would have been 15 per cent. Find the cost price of the article.

A. Rs. 430 B. Rs. 450 C. Rs. 220 D. Rs. 380 E. Rs. 400

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Q9. A dishonest dealer professes to sell his goods at a profit of 15 percent and also weighs 833.33 grams in place of a kg. Find his actual gain percent.

A. 32 % gain B. 38% gain C. 42 % gain D. No gain no loss E. 40 % gain

Q10. A tradesman sells his goods at a price 20 % above what they cost him. If his overhead expenses are Rs. 33,200 per annum, what must be his annual receipts on the goods sold, so that 10 % of his receipts may be net profit?

A. Rs. 4,32,000 B. Rs. 4,50,000 C. Rs. 4,98,000 D. Rs. 6,62,000 E. Rs. 5,41,000

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### Problems on Numbers System : Level 02

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## A man sells a TV set for Rs. 4,800 and makes a profit of 20 %. He sells another TV at a loss of 16 %.

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